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7-Eleven 1516 NE Killingsworth St 3,000 SF Retail Building Portland, OR 97211 $2,861,636 CAD ($953.88 CAD/SF) 6.02% Cap Rate

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EXECUTIVE SUMMARY

Absolute NNN investment with corporate guarantee! 5 years remaining on the current term. 3 additional options.
Zero landlord responsibilities.

PROPERTY FACTS Under Contract

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,000 SF
Building Class
C
Year Built/Renovated
1938/2011
Price
$2,861,636 CAD
Price Per SF
$953.88 CAD
Cap Rate
6.02%
NOI
$172,284 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Lot Size
0.21 AC
Zoning
C2L - COMMERCIAL
Parking
10 Spaces (3.33 Spaces per 1,000 SF Leased)
Frontage
95’ on NE Killingsworth St

AMENITIES

  • Bus Line
  • Fenced Lot
  • Signage

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

In 1927, 7-Eleven showed the world just how convenient shopping could be – and they’ve been doing it every day since. Today, 7-Eleven is a global brand with more stores than any other retailer in the world. 7-Eleven, Inc. now operates a robust family of banners and brands, including Speedway®, Stripes®, Laredo Taco Company® and Raise the Roost® Chicken and Biscuits locations throughout the U.S. The brand also has a history of firsts — coffee in to-go cups, 24/7 hours and self-serve soda fountains, to name a few. Not to mention iconic products – like Slurpee® and Big Gulp® drinks – that have become a part of American culture. As the world’s largest convenience retailer, 7-Eleven also helped pioneer the Franchise model and is now consistently ranked as a top-10 Franchisor – a true testament to their entrepreneurial spirit. Although they’ve grown significantly over the years, they remain focused on innovating to meet customers' needs.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer 99,999 SF $9.99 Lorem Ipsum Jan 0000
Walk Score®
Walker's Paradise (93)
Bike Score®
Biker's Paradise (99)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Columbia Bank
Little Big Burger
Safeway
Bank of America
U.S. Bank
Natural Grocers
Whole Foods Market
Stretch Zone
Starbucks

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R294855
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,339,210 CAD
  • Listing ID: 34614171

  • Date on Market: 2025-01-27

  • Last Updated:

  • Address: 1516 NE Killingsworth St, Portland, OR 97211

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